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Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $127,200 paid to each employee, and FICA Medicare taxes are 1.45%

Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $127,200 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the companys FUTA taxes are 3.5% and SUTA taxes are 2.5%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the companys four employees.

Current Week
Name Gross Pay through Aug. 18 Gross Pay Income Tax Withholding
Dali $ 126,100 $ 2,000 $ 284
Trey 126,300 900 145
Kiesha 6,900 450 39
Chee 1,250 400 30

In addition to gross pay, the company must pay two-thirds of the $60 per employee weekly health insurance; each employee pays the remaining one-third. The company also contributes an extra 8% of each employees gross pay (at no cost to employees) to a pension fund.

Required:

Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.):

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1) Employee's FICA Withholdings for Social Security Earnings Employee Subject to Tax Tax Rate Dali Trey Kiesha Chee Tota S 0.00 1) Employee's FICA Withholdings for Social Security Earnings Employee Subject to Tax Tax Rate Dali Trey Kiesha Chee Tota S 0.00

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